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23 <br />the Item is presented or notice is received that the Item will not be <br />presented, whichever first occurs. Bank may conclusively rely on the <br />information it receives in an electronic presentment or notification when <br />determining the available balance in Company’s Account, and Bank will not <br />have any liability for refusing to honor any of Company’s Items because of <br />insufficient funds, even if the electronic presentment or notification <br />incorrectly describes the Item, including its amount. Bank may debit <br />Company’s Account on the day an Item is presented by any means, <br />including without limitation electronically, or at an earlier time based on <br />notification received by Bank that an Item drawn on Company’s Account <br />will be presented for payment or collection. A determination of the balance <br />in Company’s Account for purposes of making a decision to dishonor an <br />Item for insufficiency or unavailability of funds may be made at any time <br />between the presentment of the Item (or earlier upon receipt of any Notice <br />of Presentment) and the time of return of the Item. No more than one such <br />determination need be made. <br /> <br />Order of Posting; Categories of Items <br />Bank posts transactions during its nightly processing each Business Day. <br />Generally, Bank first posts deposits or incoming transfers received before the <br />deposit cutoff time that day. Bank then posts withdrawals (such as ATM, debit <br />card or check transactions) that have been received for payment from <br />Company’s Account. Bank pays some categories (or types) of transactions, such <br />as debit card transactions, before other types of transactions, such as checks. <br />The order in which Bank posts Items to Company’s Account will depend <br />upon a number of factors. For example, in connection with the process of <br />posting Items, Bank has the right to (i) establish different categories of <br />Items, (ii) establish a posting order for each category of Item(s), and (iii) <br />establish different posting orders for Items within each category. Except to <br />the extent limited by federal regulatory and judicial authorities, Bank has <br />the right to change any of the factors described in (i), (ii) and (iii) above at <br />any time without notice to Company. <br />Establishing categories of Items. Bank groups Items into categories it <br />establishes. For example, Bank may group debit card transactions into one <br />category, and group checks into another category. Bank may include more <br />than one type of Item in a single category. <br />Establishing a posting order for each category of Items. Bank pays some <br />categories (or types) of transactions, such as debit card transactions, before <br />other types of transactions, such as checks. <br />Establishing a posting order of Items within a single category. If there are <br />multiple transactions within a category, the order in which the transactions <br />are posted will vary depending on the type of transaction. <br />6.1.D. - Page 65